The government has decided to provide an extra period of twelve months to develop the resorts that are still under development. This was decided at a Cabinet meeting after its deliberations on recommendations by a committee set up for the purpose. The meeting took place at the President’s Office, today.
The government also decided to postpone charging rent for these resorts by one year. Furthermore, the government would seek loans from international financial institutions to develop these resorts.
At today’s Cabinet meeting, members also deliberated on the constraints faced by the country’s fisheries, agricultural and construction sectors. Committees were set up to look into the measures that can be taken to rectify the problems faced by these sectors.
Also, the President briefed the Cabinet about his recent visit to Sri Lanka, which took place from 2 to 4 January.